NewsStocksJoe Rogan and Shane Gillis Blast Trump's Truth Social Subscription Plan and Crypto Ventures: 'Literally Insider Trading'

Joe Rogan and Shane Gillis Blast Trump's Truth Social Subscription Plan and Crypto Ventures: 'Literally Insider Trading'

Author: Rawstory·

Key Takeaways

  • Joe Rogan, who endorsed Trump in the 2024 campaign, has distanced himself from several of the president's policy initiatives and business ventures.
  • Trump reportedly plans to offer paying subscribers advance access to his Truth Social posts, which frequently move markets and federal policy decisions.
  • Comedian Shane Gillis characterized the subscription proposal as enabling insider trading, while Rogan questioned its legality.
  • The Trump family has launched multiple cryptocurrency-related businesses, including World Liberty Financial and a Trump-branded memecoin.
  • Trump has retained direct ownership stakes across media, real estate, and digital asset ventures while in office, prompting Democratic senators to call for conflict-of-interest investigations.
Joe Rogan and Shane Gillis Blast Trump's Truth Social Subscription Plan and Crypto Ventures: 'Literally Insider Trading'

Podcaster Joe Rogan and comedian Shane Gillis sharply criticized President Donald Trump's latest business ventures on a recent episode of The Joe Rogan Experience, with both expressing particular alarm over a plan to sell early access to Trump's Truth Social posts.

Rogan, who endorsed Trump during the final stretch of the 2024 presidential campaign, has since distanced himself from several of the president's policy initiatives, including his mass deportation plans.

During the episode, Rogan and Gillis focused on reports that Trump intends to offer paying subscribers advance access to his Truth Social posts — messages that frequently move federal policy decisions and stock prices. Truth Social is operated by Trump Media & Technology Group, the publicly traded parent company in which Trump holds a controlling stake. The subscription proposal would come on top of that existing financial interest, creating a system where paying users could receive and potentially act on the president's statements before the broader market. Gillis characterized the arrangement as enabling nonpublic market advantages.

"He's selling faster access to his tweets, and then you can bet on the markets," Gillis said. "It's literally insider trading."

Rogan appeared stunned by the concept. "Wait a minute, is that real?" he interjected. "How is that legal? Who's telling him this is a good idea? $100K to get early tweets? That's literally crazy. He's just on a grab."

The Truth Social subscription proposal has drawn broader scrutiny amid an ongoing insider trading probe related to the platform. Federal securities law prohibits trading on material nonpublic information, though the legal application of those rules to a sitting president's social media subscription service would enter relatively untested territory.

The conversation also turned to Trump's extensive cryptocurrency ventures. The Trump family has launched multiple crypto-related businesses, including World Liberty Financial, a decentralized finance venture involving Trump's sons, and a Trump-branded memecoin launched shortly before his inauguration. "This government has done some (expletive) that no government has ever done before and one of them is the crypto stuff," Rogan said. "The crypto stuff is nuts. Trump has made billions in crypto. Then you got his sons and his sons are involved in these weird business deals, and there's a lot of money flowing around that you could dig in and start arresting people."

Rogan's remarks echo growing scrutiny from lawmakers and ethics watchdogs over the intersection of Trump's personal financial interests and his presidential authority. Unlike previous presidents, who have typically placed personal business holdings into blind trusts or divested assets, Trump has retained direct ownership stakes in multiple ventures spanning media, real estate, and digital assets while in office. His Truth Social posts have been credited with driving significant market movements across various sectors, and Democratic senators have called for investigations into potential conflicts of interest involving the family's crypto holdings.

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